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Fifth Column Freeper
Picture of MAXIMUS PANDAMONIUS
posted
Statistically, COMEX cannot meet its required delivery of 50million ounces of SILVER as it only has about 20 million ounces left. This will lead it to force cash settlement which will leave it open to $230nillion in defaulted contracts to pay for.

Worse, the Stock Markets around the world are utterly dependent on Hi-Tech stocks. These all depend on safe supply of SILVER. During the last five years, consumption has way outstripped supply from the mines, and the shortfall has been made up by using warehouse stock.

Well. the warehouses have run out.

THERE IS NO MORE SILVER...

So, three guesses what will hasppen when Tesla,Samsung and Apple will have to put their manufacturing workers on part time at best?
 
Posts: 13679 | Registered: September 24, 2009Reply With QuoteReport This Post
Fifth Column Freeper
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China Is Weaponizing Silver Using Export Restrictions

“China just weaponized silver. And they did it while Americans were busy arguing about whether bitcoin is real money.”

Silver now finds itself at the center of a geopolitical wrestling match over critical elements.

In what is clearly an effort to control the market, China recently announced export controls on silver. This could exacerbate global supply shortages already creating a significant silver squeeze.

Under the policy that took effect on January 1st, only large, licensed, state-approved companies with an annual silver production capacity of 80 tonnes and a credit line exceeding $30 million can export silver. According to analysts, the rules will lock hundreds of small and mid-sized exporters out of the system. These smaller firms are key suppliers to industrial users and silver refiners around the world.

The government recently released a list of 44 companies approved to export silver under the new rules.

Silver spot price...$80.00 an ounce

S/G Ratio...56:1

Got PHYZZZZZ?

Glp
 
Posts: 13679 | Registered: September 24, 2009Reply With QuoteReport This Post
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i've seen these spike in silver year past. Once where some Mo-Mo's tried to corner the market and the price soared. This is another manipulation--as all of the precious metals are heavily manipulated.
 
Posts: 9950 | Registered: August 15, 2014Reply With QuoteReport This Post
Fifth Column Freeper
Picture of MAXIMUS PANDAMONIUS
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quote:
Originally posted by Shinmen Takezo:
i've seen these spike in silver year past. Once where some Mo-Mo's tried to corner the market and the price soared. This is another manipulation--as all of the precious metals are heavily manipulated.


I disagree. I studied the Hunt brothers play. The problem was the paper futures market was part and parcel of the scam that manipulated the pm market. Silver is scarce. IMO you can't lose. Of course,that's just one guy's opinion.
 
Posts: 13679 | Registered: September 24, 2009Reply With QuoteReport This Post
Fifth Column Freeper
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Hope you bought your silver, Shinny, It went up four dollars per oz.
 
Posts: 13679 | Registered: September 24, 2009Reply With QuoteReport This Post
Fifth Column Freeper
Picture of MAXIMUS PANDAMONIUS
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Going to a hundred dollars an oz in short order. If I am not heard, I could disappear in a moment's notice.
 
Posts: 13679 | Registered: September 24, 2009Reply With QuoteReport This Post
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Posts: 13679 | Registered: September 24, 2009Reply With QuoteReport This Post
Fifth Column Freeper
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quote:
Originally posted by MAXIMUS PANDAMONIUS:
Hope you bought your silver, Shinny, It went up four dollars per oz.


A small purchase could net you BOKU dinero.
 
Posts: 13679 | Registered: September 24, 2009Reply With QuoteReport This Post
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quote:
Originally posted by MAXIMUS PANDAMONIUS:
quote:
Originally posted by MAXIMUS PANDAMONIUS:
Hope you bought your silver, Shinny, It went up four dollars per oz.


A small purchase could net you BOKU dinero.


Max, "beaucoup" is the word you were looking for there.

To keep it all in French and not mix it with Spanish, the proper term would be "beaucoup d'argent" - "a lot of money".


Wink


______________________________________________________________

I am Brutus. Or, Lord Brutus if you prefer.
 
Posts: 3131 | Location: southwest Mississippi | Registered: August 20, 2014Reply With QuoteReport This Post
Fifth Column Freeper
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quote:
Originally posted by Brutus:
quote:
Originally posted by MAXIMUS PANDAMONIUS:
quote:
Originally posted by MAXIMUS PANDAMONIUS:
Hope you bought your silver, Shinny, It went up four dollars per oz.


A small purchase could net you BOKU dinero.


Max, "beaucoup" is the word you were looking for there.

To keep it all in French and not mix it with Spanish, the proper term would be "beaucoup d'argent" - "a lot of money".



Wink


Thank you Brutus. Vietnamese/French vocabulary needs work. A ex Nam vet that used to work for me used that term a lot. Well I must Didi, see you on the flip side.
 
Posts: 13679 | Registered: September 24, 2009Reply With QuoteReport This Post



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